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Daily G.K. - Top Stories

16 Jun 2022

DAILY G.K. TEST

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INTERNATIONAL AFFAIRS

Denmark and Canada Strike Deal to End 50-year Row over Arctic Island

  • Denmark and Canada struck a deal to settle almost 50 years of good-natured squabbling over the ownership of a small, uninhabited Arctic island.
  • Since 1971, the countries were "fighting" the "Whisky Wars" to settle competing claims over Hans Island.
  • Successive expeditions from Ottawa and Copenhagen braved icy conditions to plant bottles of alcohol on the tiny 1.2 sq. km (0.75 sq-mile) rock.
  • But now officials have agreed to divide the outpost roughly in half.
  • The prank war began after the countries convened to settle boundary disputes in the Nares Strait, a channel 35 km (22 miles) wide of cold water separating Canada and Greenland, an autonomous territory of Denmark.
  • In 1973 they struck a deal to create a border through the strait, but while they negotiated, competing claims emerged over the tiny island.

Biden Nominates Indian-American Security Expert Radha Iyengar to top Pentagon Position

  • US President Joe Biden nominated security expert Radha Iyengar Plumb to the post of Deputy Under Secretary of Defence for Acquisition and Sustainment, the latest Indian-American to be named for a key position.
  • Plumb is currently serving as the Chief of Staff to the Deputy Secretary of Defence.
  • Prior to her appointment as Chief of Staff, Plumb was the Director of Research and Insights for Trust and Safety at Google, leading their cross-functional teams on business analytics, data science and technical research.
  • She has also previously served as the Global Head of Policy Analysis at Facebook, where she focused on high-risk/high-harm safety and critical international security issues.
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ENVIRONMENT

India's Newest Recorded Snail Named after Western Ghats

  • The Western Ghats of Maharashtra have yielded a carnivorous land snail new to the world of science.
  • The Haploptychius sahyadriensis, recorded from the northern Western Ghats of Maharashtra, is the third member of the genus Haploptychius. The other two – H. andamanicus and H. pfeifferi – were recorded in the Andaman and Nicobar Islands in the 1860s.
  • This species is endemic to Vishalgad Conservation Reserve in Shahuwadi tehsil of Maharashtra's Kolhapur. It is named after the type locality of the species in the northern part of the Western Ghats, which is Sahyadri in Sanskrit.
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BUSINESS AND ECONOMY

Russia Overtakes Saudi Arabia to Become India's 2nd Biggest Oil Supplier

  • As per industry data, Russia overtook Saudi Arabia and became India's second-biggest supplier of oil behind Iraq as refiners snapped up Russian crude available at a deep discount following the war in Ukraine.
  • Indian refiners bought about 25 million barrels of Russian oil in May or over 16 per cent of all their oil imports.
  • Russian-origin crude hit 5 per cent of India's total seaborne imports in April for the first time, rising from under one per cent throughout 2021 and Q1 2022.
  • India, the world's third-biggest oil-importing and consuming nation, has long defended purchases of crude oil from Russia following President Vladimir Putin ordering the invasion of Ukraine.

Adani Group Fastest in Valuation Growth at 88%, Ambani's RIL up 13%

  • The Adani Group gained the most in terms of value in the six months to April 2022, with 88.1 per cent jump to Rs. 17.6 lakh crore. In comparison, billionaire Mukesh Ambani's Reliance Industries, which houses nearly all its ventures, saw a 13.4 per cent rise in value to Rs. 18.87 lakh crore, which helped it retain the top rankings in Burgundy Private Hurun India 500 rankings.
  • Tata Consultancy Services came second at Rs. 12.97 lakh crore, and was followed by HDFC Bank, Infosys and ICICI Bank.

Equitas Small Finance Bank Gets RBI Nod to Reappoint Vasudevan as MD & CEO

  • Equitas Small Finance Bank said that the Reserve Bank of India okayed its proposal to reappoint MD and CEO Vasudevan P N for one year.
  • Earlier in May this year, ESFB founder and CEO Vasudevan P. N. had asked the lender to look for his successor as he wanted to step down to pursue a distinct set of goals.
  • He is also the Managing Director of Equitas, which began as a micro finance institution in 2007 and was later converted into bank in 2016.
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SCIENCE & TECHNOLOGY

ISRO to Launch 3 Singapore Satellites by End of June

  • Space PSU NewSpace India (NSIL) will launch a batch of satellites from Singapore by June-end, and another mission involving a west Asian country is in the pipeline. NSIL will launch two missions involving foreign satellites this year, and that the first was expected to happen in a matter of weeks onboard ISRO's workhorse PSLV.
  • Sources said the three satellites from Singapore, including the main earth observation satellite, will together weigh around 500 kg, which is about half the capacity ISRO's PSLV can put into orbit.
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SPORTS

Neeraj Chopra Smashes Own National Record

  • Neeraj Chopra could not have asked for a better way to return to competitive action for the first time since Tokyo Olympics as the Olympic gold medalist set a new National Record and personal best of 89.30 m at the Paavo Nurmi Games 2022, a Continental Tour event in Turku, Finland.
  • Neeraj Chopra shattered his own National Record of 88.07 m from March 2021. It was also the fifth-best throw of the season in the world so far. Neeraj had set his sights on crossing the 90 m-mark after the Tokyo Games glory and it is safe to say that the Indian athlete is heading in the right direction.
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NATIONAL AFFAIRS

Presidential Polls: Mamata Suggests Farooq Abdullah's, Gopal Krishna Gandhi's Names

  • West Bengal Chief Minister Mamata Banerjee suggested the names of Farooq Abdullah and Gopalkrishna Gandhi as opposition candidates for the presidential poll. She convened a crucial meeting of the opposition parties to field a joint candidate for the presidential election 2022. NCP supremo Sharad Pawar once again declined to be the joint opposition candidate for the upcoming presidential election. "Leaders of all parties requested Sharad Pawar to contest the President's election and be the joint candidate, but he declined the offer.
  • At least 17 parties including Congress, Samajwadi Party, NCP, DMK, RJD and the Left parties attended the meeting at the Constitution Club of India in Delhi. However, Aam Aadmi Party (AAP), Telangana Rashtra Samithi (TRS), Shiromani Akali Dal (SAD) and Odisha's ruling BJD have stayed away from the Opposition parties meeting.

India to Host 10 ASEAN Foreign Ministers at Special Conclave

  • India is hosting the Foreign Ministers of Association of Southeast Asian Nations (ASEAN) nations from June 16 to 17 to mark the 30th anniversary of its relations with the 10-nation grouping.
  • The ASEAN Foreign Ministers along with Secretary General of ASEAN Lim Jock Hoi will also call on Prime Minister Narendra Modi.

Cabinet Approves Agreement between India, UN on 'Way Finding Application' to be Used in Palais des Nations

  • The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the proposal for signing of an agreement between the Government of India and the United Nations on a 'Way Finding Application' to be used in the Palais des Nations, United Nations Office at Geneva.
  • The United Nations is an international organisation founded in 1945. It is currently made up of 193 member states. India is a founding member of the United Nations.
  • The United Nations Office at Geneva (UNOG), consisting of five buildings and 21 floors, is housed at the historic Palais des Nations.
  • The project of development of 'Way Finding Application' has been conceptualized as donation from the Government of India to UN on the occasion of its 75th anniversary in 2020. The estimated financial implication for development deployment and maintenance of the App is USD 2 Million.
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DEFENCE

Short-range Ballistic Missile Prithvi-II Successfully Tested from Odisha

  • India successfully carried out the night launch of Prithvi-II short range ballistic missile from an integrated test range in Odisha.
  • The test validated all operational and technical parameters of the missile.
  • The missile is a proven system and is capable of striking targets with a very high degree of precision.

Indian Army-IAF Carry Out Aerial Insertion, Water Parachute Jumps Exercise in Himachal

  • The special forces of the Indian Army and Air Force jointly validated the aerial insertion and deployment of special forces operatives through water parachute jumps as a part of an ongoing two-day exercise in Himachal Pradesh (HP). In the exercise at Gobind Sagar Reservoir in HP, the joint forces practised aerial insertion and the capability to land on water for rapid response in hostile territory. Furthermore, the joint operation fine-tuned the specific drills and procedures to enhance their skills in various conflict scenarios and terrains.
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DAYS AND EVENTS

International Day of Family Remittances

  • The International Day of Family Remittances (IDFR) was adopted by the United Nations General Assembly and is observed on 16th June. The IDFR recognises more than 200 million migrant workers, women and men, who send money home to over 800 million family members. This day further highlights the great resilience of migrant workers in the face of economic insecurities, natural and climate related disasters and a global pandemic.
  • The United Nations in 2022 continued the 2021 theme for International Day of Family Remittances: 'Recovery and resilience through digital and financial inclusion'.
  • IDFR is a universally-recognised observance adopted by United Nations General Assembly's (UNGA). The custodian of IDFR towards these objectives is the United Nations International Fund for Agricultural Development (IFAD). IFAD is a specialized United Nations (UN) agency that was one of the major outcomes of the World Food Conference 1974. Later in 1977, it was set up as an international financial institution.
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GOVERNMENT POLICIES AND SCHEMES

Chief Minister Manohar Lal Khattar Launches Initiative 'Sujal'

  • Haryana Chief Minister Manohar Lal Khattar launched the 'Sujal' initiative for water supply management in Panchkula.
  • Launching this initiative as a pilot project for Panchkula from "Sant Kabir Kutir", the CM said that this unique initiative of the state government for water supply management will prove to be a benchmark in the field of water conservation.
  • Sujal is a unique initiative which is environment friendly and due to which we can save resources along with a structured supply of water. You can also make financial savings.
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TOURISM AND HOTEL INDUSTRY AWARENESS

India's First Private Train Service under 'Bharat Gaurav' Scheme Flagged off from Coimbatore

  • The Indian Railways' Southern Railway zone began the maiden service of privately-run 'Bharat Gaurav Trains' from Coimbatore in Tamil Nadu to Shirdi in Maharashtra.
  • South Star Rail is the registered service provider that operates the train and the Coimbatore-based company is registered company and it is part of the conglomerate group, Future Gaming & Hotel Services Pvt. Limited.
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